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English common law and islamic transactional law

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Reference no: EM132286906

What is difference between English common law and Islamic transactional law? What makes Islamic law similar to the common law than the civil law? How does Islamic law provide solution to new ideas or new financial products as those emerge in the society? Do the two laws provide similar approach "reasoning by analogy from precedent" to the solution

Reference no: EM132286906

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